Word: croll
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Dates: during 1980-1989
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...David Croll. The most important ingredient in venture capitalism, says Croll, 38, is "backing the right people." So far, he has proved to be remarkably good at that. A managing partner of Boston's TA Associates, a firm that currently handles more than $500 million in venture funds, Croll teamed up in 1979 with a young Boston entrepreneur named Steven Dodge, who wanted to make a mark in the cable-television industry. With TA's money and strategic guidance, Dodge became founder and chairman of American Cablesystems, an enterprise now worth more than $200 million. For his part, Croll became...
Raised in Darien, Conn., Croll earned an engineering degree from Cornell University in 1970 and a Harvard M.B.A. in 1973. His first job was with the Bank of Boston, but he left after three years to join TA, where he felt he could "have an impact." Now Croll, who is married with one child, works ten- and twelve-hour days and spends one of every four weeks on the road, a pace that he calls "deliberate." A fervent advocate of free enterprise, Croll believes that "most of the job creation in this country is coming from small growth companies. That...